722 79th Street, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
722 79th Street,Los Angeles, CA 90044
$750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:aaron jacobson310-729-1559
Office:lyon stahl investment real estate, inc.
MLS#:SB25165097
Source:CAREIL
Price summary
- Price:$750,000
About this home
722 W 79th St is a value-add 4-unit apartment building located in the heart of a rapidly growing pocket of Los Angeles. The property offers an ideal unit mix of four (4) 2-Bed/1-Bath units with over 130% rental upside. Aggressively priced at $230/SF, many comparable 4-plexes in the area are trading above $350/SF post-renovation. An investor has the potential to reposition the asset and exit at a valuation north of $1.1M. This property also works well as a-long term hold, with a pro forma cap rate of 12.02% based on conservative market rents. Sitting on a 7,056 SF lot, the oversized 3,226 SF building offers ample space and potential for value creation. Located just minutes from USC, Downtown LA, Exposition Park, BMO Stadium, the Arts District, Lucas Museum, LA Live, and more, 722 W 79th St stands to benefit from the billions of dollars in development transforming the surrounding area.
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Home facts
- Year built:1921
- Listing Id #:SB25165097
- Added:14 day(s) ago
- Updated:August 23, 2025 at 04:26 PM
Structure and exterior
- Year built:1921
- Lot area:0.16 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$750,000
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